China's manufacturing PMI in May was 49.5, slightly better than last month - Chinese report

China's manufacturing Purchasing Managers' Index (PMI) for May rose 0.5 points from the previous month to 49.5. Although it was below the 50 mark, which separates economic expansion from contraction, the manufacturing sector
By company size, the PMI for large companies rose 1.5 points to 50.7, exceeding 50. The PMI for medium-sized companies fell 1.3 points to 47.5, and for small companies it was 47.5.
The manufacturing PMI was down 0.6 points to 49.3, below 50. The five sub-indices that make up the manufacturing PMI were the production index, up 0.9 points to 50.7, the supplier delivery time index,
The new orders index rose 0.6 points to 49.8, the raw materials inventory ratio index rose 0.4 points to 47.4, and the employee inventory index rose 0.2 points to 50.0.
The index rose 0.2 points to 48.1, both below 50. Meanwhile, the non-manufacturing PMI, which covers the construction and service industries, was 50.3, down 0.1 points from the previous month.
Of these, the construction PMI fell 0.9 points to 51.0, while the services PMI increased 0.1 points to 50.2.